Telstra (ASX:TLS) Chairman John Mullen Defends Executive Pay, Sprays Kids Earning 'millions on Fortnite' - The Age -BoardProspects

Telstra (ASX:TLS) Chairman John Mullen Defends Executive Pay, Sprays Kids Earning 'millions on Fortnite'

The Age Oct 14 2019 BoardNews

Telstra chairman John Mullen has delivered a remarkable spray at critics of chief executive Andy Penn's $5 million-a-year pay packet, arguing kids playing popular video game Fortnite, social media influencers and professional athletes are paid similar sums of money...
Read Full Article

Bookmark or Share this article

Login to comment.
Related Articles
- Executive Compensation: What Will 2012 Bring? — The Harvard Law School Forum on Corporate Governance and Financial Regulation also categorized in BoardNews
- Cracker Barrel Holders Reject Biglari's Bid for Seat also categorized in BoardNews
- White Energy board backs chairman also published in The Age
- What Boards Should Know About Social Media also categorized in BoardNews
- Corporate Governance Best Practices also categorized in BoardNews
- NACD BoardVision - NACD BoardVision – “The role of the board as company spokesperson” - Resources - NACD also categorized in BoardNews
- 2011 Annual Corporate Governance Review — The Harvard Law School Forum on Corporate Governance and Financial Regulation also categorized in BoardNews
- Board battle at MLC renews tensions also published in The Age
- Don't sack me, sack them: principal also published in The Age
- Tensions with the Board Not the Norm, Say 98 Percent of CEOs also categorized in BoardNews

Search:
Categories
1. BoardProspects Features:
  BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Member Report, Partner Publications, Question of The Week, Sponsored Content
Quotes
1. If you devote your life to succeeding in many other disciplines, like sports, when you get to the top no one seems to begrudge you the earnings that go with that.
2. We argue that cash bonuses can be a means to camouflage high levels of executive pay.
Topics Mentioned
- AMP
- Risk
- social media
- Executive Compensation
- Crisis
- Glass Lewis
- Popular
- Telstra
- activist investor
- earnings
- Bonuses
Authors
- Yan Zhuang, Jennifer Duke